Based in the Gardens of the National Palace of Queluz, the Portuguese School of Equestrian Art is the continuation of what had been the Picaria Real, the equestrian academy of the Portuguese court, founded by King João V. It was created in 1979 and its management was entrusted to Parques de Sintra – Monte da Lua, S.A. (PSML) in 2012, together with the National Palace of Queluz.
PSML is a state-owned company, established in 2000, following UNESCO’s recognition of the Cultural Landscape of Sintra as a World Heritage Site. The company was created to assemble the public institutions responsible for preserving and enhancing the natural and cultural heritage in Sintra. PSML has been entrusted with the management of the State’s main properties in the area.
Shareholders in the company are the General Directorate of Treasury and Finance (35% – representing the Portuguese State), the Institute for the Conservation of Nature and Forestry (35%), the Portuguese Tourism Board (15%) and the Municipality of Sintra (15%).
Within the World Heritage site, which encompasses nearly 960 hectares, PSML manages nearly 45% of the area, including the Parks of Pena and Monserrate, two of the most important botanical parks in Portugal, and notable buildings such as the Palaces of Pena and Monserrate, the Moorish Castle, the Capuchos Convent and the Chalet and Garden of the Countess of Edla. Since September 2012 it has also been responsible for the National Palaces of Sintra and Queluz, as well as the Portuguese School of Equestrian Art, based in Queluz.